The Heavenly History of (RMTI) Rockwell Medical, Inc.
Rockwell Medical, Inc. is a biopharmaceutical company that specializes in the development and commercialization of therapies for the treatment of chronic kidney disease (CKD) and iron deficiency anemia. The company was founded in 1996 and is headquartered in Wixom, Michigan.
Rockwell Medical, Inc. is a biopharmaceutical company that specializes in the development and commercialization of therapies for the treatment of chronic kidney disease (CKD) and iron deficiency anemia. The company was founded in 1996 and is headquartered in Wixom, Michigan.
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The history of Rockwell Medical began with the development of its flagship product, Triferic, a dialysis-dependent iron replacement therapy. Triferic is a unique iron replacement therapy that delivers iron directly to the bone marrow via the dialysate, the fluid used in the dialysis process. This allows for the efficient replacement of iron lost during dialysis and reduces the need for intravenous iron replacement therapy.
In 2010, Rockwell Medical received FDA clearance for Triferic, and the product was launched in the United States in 2014. The product has since become the company’s primary revenue driver, and it has been approved in several other countries as well.
In addition to Triferic, Rockwell Medical has also developed Calcitriol, a treatment for secondary hyperparathyroidism (SHPT) in CKD patients on dialysis. Calcitriol received FDA clearance in 2017 and was launched in the United States in 2018. This product is a less invasive treatment option compared to traditional paricalcitol and cinacalcet.
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In 2020, Rockwell Medical expanded its product portfolio with the FDA clearance of Calcitriol injection, a treatment for secondary hyperparathyroidism (SHPT) in CKD patients on dialysis. This is a more convenient treatment option as it can be self-administered by patients at home.
In addition to its product development efforts, Rockwell Medical has also been actively expanding its commercial capabilities. The company has formed partnerships with several leading dialysis providers in the United States, including DaVita and Fresenius Medical Care. This has helped to increase the reach of its products and improve access for patients.
Rockwell Medical has also been involved in several acquisitions and partnerships to expand its product portfolio and capabilities. In 2018, the company acquired a controlling interest in Bio-Iron, a Canadian company that develops and manufactures iron-based products for the treatment of iron deficiency anemia.
Rockwell Medical has also formed a partnership with Nipro Medical Corporation in 2019 to commercialize Triferic in Japan. This partnership has helped the company to expand its international presence and improve access to its products for patients in Japan.
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Read MoreIn 2020, Rockwell Medical announced the formation of a joint venture with Renal Holdings, LLC, a provider of dialysis services in the United States, to develop and operate dialysis clinics. This move was seen as a strategic step towards increasing access to Rockwell’s products and improving the overall care of patients with CKD.
Rockwell Medical is also actively involved in research and development to improve and expand the use of its products. The company has several ongoing clinical trials to evaluate the use of Triferic in different patient populations and to evaluate the safety and efficacy of new iron replacement therapies.
Rockwell Medical is committed to improving the lives of patients with CKD through the development and commercialization of innovative therapies. The company’s focus on improving the care of dialysis-dependent patients has led to the development of several unique and effective treatments.
Overall, Rockwell Medical has a rich history of innovation and commitment to improving the lives of patients with CKD. With a growing product portfolio and expanding commercial capabilities, the company is well-positioned to continue to make a positive impact on the lives of patients in the years to come.
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Read MoreThe Heavenly History of (RMTI) Rockwell Medical, Inc.
Rockwell Medical, Inc. is a biopharmaceutical company that specializes in the development and commercialization of therapies for the treatment of chronic kidney disease (CKD) and iron deficiency anemia. The company was founded in 1996 and is headquartered in Wixom, Michigan.
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